Read the given passage carefully and answer the following question :
Depending on the mode of occurence and the nature of the ore, mining is of two types : surface and underground mining. The surface mining is also known as open-cast mining is the easiest and the cheapest way of mining minerals that occur close to the surface. Overhead costs such as safety precaution and equipment is relatively low in this method. The output is both large and rapid.
When the ore lies deep below the surface, underground mining method (shaft method) has to be used. In this method, vertical shafts have to be sunk, from where underground galleries radiate to reach the minerals. Minerals are extracted and transported to the surface through these passages. It requires specially designed lifts, drills, haulage vehicles, ventilation system for safety and efficient movement of people and material. This method is risky. Poisonous gases, fires, floods and caving in lead to fatal accidents.
The developed economies are retreating from mining, processing and refining stages of production due to high labour costs, while the developing countries with large labour force and striving for higher standard of living are becoming more important. Several countries of Africa and few of south America and Asia have over fifty per cent of the earnings from minerals alone.